Enter the job revenue ($) and the job cost ($) into the calculator to determine the Job Profit.
Job Profit Formula
The following formula is used to calculate the Job Profit.
JP = JR - JC
- Where JP is the Job Profit ($)
- JR is the job revenue ($)
- JC is the job cost ($)
How to Calculate Job Profit?
The following example problems outline how to calculate Job Profit.
Example Problem #1:
- First, determine the job revenue ($). In this example, the job revenue ($) is given as 5000.
- Next, determine the job cost ($). For this problem, the job cost ($) is given as 1600.
- Finally, calculate the Job Profit using the equation above:
JP = JR – JC
The values given above are inserted into the equation below:
JP = 5000 – 1600 = 3400 ($)
Example Problem #2:
The variables needed for this problem are provided below:
job revenue ($) = 9000
job cost ($) = 5000
Entering these values and solving gives:
JP = JR – JC = 4000 ($)